Grassroots activists are taking over city councils and are opposing the taxpayer funded boondoggles that benefit the 1 %. For example , the Seattle city council refused to buy a new basketball arena for the Supersonics, and they even demanded that their previous loans for the earlier basketball arena be repaid. Local activists are opposing growth subsidized by the 99% to benefit the 1 %. Some giant office buildings and expensive chain stores being stopped in favor of supporting the local community with its local relationships. H e also spoke about how some large banks and financial institutions have been pushing "payday loans" on developing countries. For example Puerto Rico was given a $ 100 million with no principal or interest due for 47 years. But the interest and principal accumulate for 47 years and then $1 billion is due. So the banks actually accumulate about 5 % per year in more money being owed to them. Some big banks were dong this kind of thing with Greece and other countries, where they get the current politicians to sign up for huge debt that is not due until after the politicians have left office. On 5-17-18 at 8:35 am KGNU's "A Public Affair" hosted Juan Gonzalez's talk.
Juan González: Reclaiming Gotham
Democracy Now! co-host Juan González spoke in Boulder on April 14, about his latest book, Reclaiming Gotham: Bill de Blasio and the Movement to End Americas Tale of Two Cities, in which he describes how a new generation of municipal leaders offers valuable lessons for those seeking grassroots reform.